Argentina regulators change their view on bitcoin

CNV lawyer classified his participation in the Tech Forum event as “revolutionary.” “The current BCRA board wants to promote the cryptocurrency sector,” says a specialist. With the growing adoption of bitcoin (BTC) and cryptocurrencies in Argentina, regulators’ view of the ecosystem is changing. This was made evident by a conference at Tech Forum, a cryptoasset … Read more

India plans to ban bitcoin because “CBDCs have more advantages”

The Indian government is considering banning cryptocurrencies such as bitcoin (BTC) and ether (ETH), according to sources from institutions and regulators in that South Asian country. The main reason is that Central Bank Digital Currencies (CBDC) can offer “similar advantages” in profit transfers, but without the “risks” associated with cryptocurrencies. According to sources close to … Read more

Without internet? Don’t worry, your bitcoin is safe and you can use it offline

In 2018, Blockstream made it free to use satellite-based Bitcoin nodes. In 2023, a user created a Bitcoin Core bridge with Meshtastic, a long-term spoke project. The technologies that allow transactions with bitcoin outside the internet are not yet fully widespread, but they already exist and have demonstrated their real viability. Especially radio communication, which … Read more

The issuance of USDT and stablecoins skyrockets. How will it impact bitcoin?

The market capitalization of USD Tether (USDT) has exceeded $120 billion, while that of all stablecoins together reaches $172 billion. This increase implies a greater issuance of these coins, which generally positively influences the price of bitcoin. In recent days, the market capitalization of USDT (which is the largest stablecoin in the world) has increased … Read more

Ripple Co-Founder Donates $10 Million in XRP to Kamala Harris

Larsen believes Democrats must “take a new approach” to technological innovation. The executive has shown open support for Kamala Harris in her presidential race. Chris Larsen, co-founder of Ripple, donated $10 million in XRP tokens to Vice President Kamala Harris’ campaign. Larsen believes that the Democratic candidate “will ensure that American technology dominates the world.” … Read more

Minneapolis Fed calls for bitcoin ban

The Minneapolis Federal Reserve recently expressed its opposition to bitcoin (BTC), suggesting a “legal ban” on the world’s largest digital currency. This position adds to the criticism of the European Central Bank (ECB), which had already pointed out BTC as potentially “harmful to society.” In a working document prepared by Amol Amol and Erzo Luttmer, … Read more

El Salvador and its adoption of bitcoin stand out as a case study at Harvard

The document was also published by the Sorbonne University in France. Now the Central American country attracts peace and tourism with bitcoin. A recent study by Harvard University highlights the transformation that El Salvador is experiencing, as a country that was known as the “homicide capital of the world” to adopt a new role as … Read more

MEXC and Aptos distribute 1.5 million USDT as prizes in a special event

During the event, users will be able to trade with APT without commissions. The campaign starts on October 21, 2024. Aptos and MEXC have joined forces to launch a series of events focused on Aptos’ native token, APT, offering a total prize pool of up to 1.5 million USDT. The campaign officially starts on October … Read more

The company behind Bored Ape Yacht Club launched its mainnet, ApeChain

They released a cryptocurrency trading simulator and it was well received by the APE community. The APE token rose from $0.70 to $1.75. The team behind the famous boring apes Bored Ape Yacht Club and ApeCoin (APE), the native cryptocurrency of the APE ecosystem, announced on October 19 the launch of its mainnet (main network), … Read more

Stripe bought stablecoin platform Bridge

This Monday, October 21, 2024, it was reported that Stripe, the online payments giant, purchased Bridge, a stablecoin platform, for an amount of USD 1.1 billion. The transaction, subject to regulatory approvals, is expected to close in the coming months. Stripe CEO Patrick Collison confirmed the acquisition of Bridge in a message published in X, … Read more